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Luminar Technologies Inc has a consensus price target of $7.65 based on the ratings of 15 analysts. The high is $22 issued by Credit Suisse on April 14, 2022. The low is $0.5 issued by Goldman Sachs on November 14, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Craig-Hallum, and Rosenblatt on November 14, 2024, November 12, 2024, and October 2, 2024, respectively. With an average price target of $1.17 between Goldman Sachs, Craig-Hallum, and Rosenblatt, there's an implied -79.78% downside for Luminar Technologies Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Luminar Technologies (NASDAQ:LAZR) was reported by Goldman Sachs on November 14, 2024. The analyst firm set a price target for $0.50 expecting LAZR to fall to within 12 months (a possible -91.33% downside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Luminar Technologies (NASDAQ:LAZR) was provided by Goldman Sachs, and Luminar Technologies maintained their sell rating.
There is no last upgrade for Luminar Technologies
The last downgrade for Luminar Technologies Inc happened on April 10, 2024 when B of A Securities changed their price target from $3.5 to $1.2 for Luminar Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Luminar Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Luminar Technologies was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Luminar Technologies (LAZR) rating was a maintained with a price target of $0.75 to $0.50. The current price Luminar Technologies (LAZR) is trading at is $5.77, which is out of the analyst’s predicted range.
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